% increased. This increase is the result from compensation and early retirement of employee during the woven bag production base relocation. The management benefit for Quarter3 of the year 2019 was 3.79 million

than si Company sh assets to off specified by the condition the “base pr The Compan restructuring appropriate a Land and parcels o building; Land loc a total ar Land and Chiang M 3 ngan, 5 Land an

of Thailand is still likely to slowdown from both internal and external factors. It is result in lower purchasing power of consumers, especially in the middle and lower income level. Nevertheless, the

business gross margin represent 60.3 percent lower than the same period last year. Administrative Expenses The Company had administrative expenses for the 3rd quarter of 2019 equal to 104.3 million baht

 expenses were 10% higher in Q217 than in Q216 due to higher salary expenses. SG&A expenses in Q217 were 3% lower than Q117. Foreign Exchange Rates Each week's sales and purchases are booked based on the

 Q316. SG&A expenses in Q317 were 1% lower than Q217. Foreign Exchange Rates Each week's sales and purchases are booked based on the exchange rate at the close of the previous week. The average exchange

reflects a strong new base line of net profit of the Company.  Cash Collection was 708 million Baht, increased 37.3% from the same period last year. This was slightly decline from Q4/2018 due to the

business. In IRSL, improvements have been made on increasing capacity utilization, improving operational efficiency, consistent product quality and expanding customer base. Capacity utilization increased

customer base. ln part of administrative expenses increases due to the cost related to the issuance of the Warrants to Purchase the Ordinary Shares (HPT-W1). Net profit and Net profit maroin For the three

 25mn active subscribers and 2.2mn transactions per day  Speed-up strategy to install Boonterm kiosk cover all areas to expand customer base and revenue as well as to prevent competitors entering to